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Declining Growth and Declining Productivity
Rights Without Responsibilities
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alternative American workers appropriate argue Arthur Okun behavior beneﬁts blue-collar workers company’s compensation conﬂict cooperatives costs create culture Dana Corporation Daniel Yankelovich decade deﬁned deﬁnition demand difﬁcult Disagree Strongly E. F. Schumacher economic growth economists effect efﬁciency employees entitlements ESOPs example fact factors factors of production ﬁgures ﬁnance ﬁnancial ﬁnd ﬁnding ﬁrms ﬁrst ﬁve ﬂexibility future goals human incentives income increase individual industrial inﬂation investment Japanese labor force large corporations Lordstown Lorean managerial managers McCaysville million motivation needs ofﬁce ofﬁcial organizational output owners participation pension fund percent Peter Drucker philosophy and organization plant policies problems proﬁtable proﬁts programs reduce reﬂect reform responsibility retirement risk sacriﬁces salaries satisﬁed self-management shares signiﬁcant Signiﬁcantly Social Security society speciﬁc stock ownership successful Tarrytown tion Unem unemployment union values women work-place worker capitalism worker ownership young